Ieso Company has two stores: J and K. During November, Ieso Company reported a net operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses are $60,000 in Store J, and $40,000 in Store K.
Variable expenses in Store K totaled:
| $200,000 | |||||||||
| $70,000 | |||||||||
| $110,000 | |||||||||
| $130,000
Ieso Company’s total fixed expenses for the year were:
|